The IS curve measures points where the inflation rate and national income are the same.
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Q6: The LM curve connects points where the
Q7: Which of the following statements about Keynesian
Q8: The multiplier model implies that
A) additional spending
Q9: John Maynard Keynes' General Theory was an
Q10: A deflationary gap exists when there is
Q12: An increase in the demand for money
Q13: On a Keynesian cross diagram, the 45
Q14: A deflationary gap occurs because
A) Governments set
Q15: Which of the following statements about the
Q16: If the economy was in equilibrium where
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